Is Lake Tropicana Ranchettes, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lake Tropicana Ranchettes has remained a Seller's Market.
Housing Prices in Lake Tropicana Ranchettes, FL
How much do homes in Lake Tropicana Ranchettes, FL cost?
Median Sold Price
$213,750
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lake Tropicana Ranchettes was $213,750 in April 2024, down 14.5% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $250.7K | $160.5K | -36.0% |
3 Bedrooms | $249.9K | $213.7K | -14.5% |
4 Bedrooms | $195K | $245K | +25.6% |
5+ Bedrooms | - | $187.4K | N/A |
Summary: Lake Tropicana Ranchettes housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 36%, 3 bedroom homes decreased by 14.5%, 4 bedroom homes increased by 25.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Lake Tropicana Ranchettes | $249.9K | $213.7K | -14.5% |
Juliette Falls | $425K | $335.7K | -21.0% |
Housing Supply in Lake Tropicana Ranchettes, FL
How many homes are available in Lake Tropicana Ranchettes, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Summary: The Lake Tropicana Ranchettes real estate market had 5 homes for sale in April 2024, a 16.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 3 | 2 | -33.3% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Lake Tropicana Ranchettes housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Lake Tropicana Ranchettes in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Lake Tropicana Ranchettes, FL
How long does it take to sell a home in Lake Tropicana Ranchettes, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
41 Days | 12 Days | -71.3% |
Summary: Homes in Lake Tropicana Ranchettes had an average of 12 days on market in Apr 2024, down by 71.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Lake Tropicana Ranchettes; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.